Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for France
LFACTTTTFRQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,613,760.00
Year-over-Year Change
3.89%
Date Range
1/1/2003 - 1/1/2025
Summary
The 'Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for France' tracks the size of the French labor force. This key economic indicator provides insights into workforce participation and potential economic output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the total labor force in France, including all individuals aged 15 and over who are employed or actively seeking work. It is a crucial metric for understanding the strength and composition of the French economy and labor market.
Methodology
The data is collected through household surveys by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
Policymakers and economists use this labor force trend to inform decisions around economic policy, workforce development, and employment initiatives.
Key Facts
- The French labor force totaled over 29 million people in 2021.
- The labor force participation rate in France was 71.4% in 2021.
- France's labor force has grown by 4.3% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total size of the labor force in France, including all individuals aged 15 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The French labor force trend is a key indicator of economic strength and workforce participation, providing important insights for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this labor force data to inform decisions around economic policy, workforce development, and employment initiatives.
Q: Are there update delays or limitations?
A: The labor force data is reported on an infra-annual basis, with some potential for minor delays in data publication.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for France (LFACTTTTFRQ647S), retrieved from FRED.